For many years, the IRS has offered the "Withholding Calculator," an online tool to assist taxpayers in performing a "Paycheck Checkup." After listening to taxpayer feedback, the IRS has replaced the Withholding Calculator with a new tool designed to improve taxpayers' user experience.
In IR-2019-139, the Service announced the release of the "Tax Withholding Estimator." This new calculation tool may be accessed at IRS.gov and offers taxpayers an updated, more user-friendly interface. The new Tax Withholding Estimator is designed to be used on mobile devices as well as personal computers.
Taxpayers with two-income households or those who have encountered a change in life circumstances may...More